Mar
2018
Midrand in Gauteng Province which was commonly known as Halfway House covers a vast area of mixed property usage from industrial, commercial, venues and residential.
With more than fifty residential suburbs alone one may easily be confused as to where to plant ones roots. Midrand which is actually part of the City of Johannesburg Metropolitan Municipality is in many respects a self-contained city making it attractive for property in general.
Due to the prime location of Midrand many companies have relocated for obvious reasons namely major freeways which connect to everywhere almost countrywide.
Residential property values have been increasing as the town keeps expanding to meet the ever increasing demand for residential property close to the industrial and or commercial nodes.
One can understand that the suburb caters for the whole income spectrum which increases values and the popularity of the suburb as a residential address.
The vastness of Midrand also means there is no shortage of public and private schools to choose from which are all suburb specific in location.
The demographics of Midrand are of a mixed culture and varying age. Newer developments are targeted towards high-density living such as townhouse developments and apartments which is also the prime sales market given the current economic climate but the more exclusive and prestigious suburbs have an equally high demand which is again due to the prime location.
The demand for estates in Midrand has been met with an increasing demand for more estates which is in a long term objective and a good indication that property values will continue to increase and thus stimulating more growth of developments in Midrand.
Midrand has a few recent historical landmark developments to celebrate such as the mega Mall of Africa which is the largest on the continent and then more sedately and with loads of prestige the famous South African Lipizzaner’s situated in Kyalami. Other landmarks and amenities are the Grand Central Airport and the Gautrain Terminal connecting to Sandton and Pretoria at either end of the line.
Take a tour of the many homes in Midrand’s suburb via the Myroof web-site.
